Shares of Identillect Technologies Corp. (CVE:ID – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday following insider selling activity. The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 176000 shares changing hands. The stock had previously closed at C$0.01.
Specifically, insider Raymond James Ltd. sold 1,923,268 shares of the firm’s stock in a transaction dated Friday, October 27th. The shares were sold at an average price of C$0.03, for a total value of C$48,081.70.
Identillect Technologies Price Performance
The firm has a market cap of C$1.47 million, a PE ratio of -0.50 and a beta of 0.69. The business has a 50 day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01.
Identillect Technologies Company Profile
Identillect Technologies Corp. develops an email encryption software solution. It offers Delivery Trust, an email encryption technology that targets organizations of various sizes, as well as individuals, including medical professionals, insurance companies, accountants, lawyers, real estate agents, and educators in the United States and Mexico.
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